3915 E Highway 41
About This Property
Experience the perfect blend of nature, privacy and modern living with this enchanting 3-story haven nestled on beautifully forested acreage with gorgeous oak trees. Located just 3 miles from downtown Atascadero and the 101, this unique property offers an ideal location, with the tranquility of a campground!
The 2 x 6 constructed main house features an open floor plan with an open kitchen on the lower floor, along with dining, and living area, all complemented by bamboo flooring throughout. On the main floor, you'll also find a convenient laundry and powder room. A cozy wood-burning fireplace adds warmth to the living space, while a covered concrete patio equipped with ceiling fans is perfect for outdoor relaxation.
The second level boasts two bedrooms, each with en suite bathrooms for added privacy and comfort. The primary suite includes a walk-in closet and French doors that lead to a wrap-around deck, where you can enjoy your morning coffee surrounded by nature!
On the third floor, a massive bonus room offers versatile space that can serve as a living area, bedroom, and office in one! French doors open to another wrap-around deck high in the treetops! You'll feel like a kid again without having to climb the trees!
The guest cottage featuring 1 bedroom and 1 full bathroom is just up the hill from the main house and offers an open floor plan, as well as indoor laundry, updated flooring, and fresh paint. An open concrete patio offers a lovely spot for outdoor relaxation, and a giant storage shed provides plenty of space for all your storage needs.
Follow the hiking trail with a glass of your favorite Paso wine in hand to the top of the lot, where you will enjoy breathtaking sunset views and serene beauty and seclusion.
Imagine living in one house and renting out the other, creating an opportunity for additional income! The property is equipped with Starlink high-speed internet, ensuring you stay connected even in this secluded paradise.
Easement access at the rear of the lot adds convenience. With its unique charm, modern amenities, and prime location, this property offers a rare opportunity to live amidst nature without sacrificing convenience.
Don't miss out on this extraordinary place to call home!
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Cap Rate Calculator
What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Feb 26, 2025 | Sold | ||
| Sold | |||
| Jan 6, 2025 | Listed by Platinum Properties | $849,900 | |
| Listed by Platinum Properties | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017